Nandy
Commander
- Joined
- Apr 10, 2004
- Messages
- 2,145
Re: Bought a boat, motor is toast. Misrepresentation?
My point to the bill of sale. It spell what you are doing and what are you intending to buy and the conditions of the sale. I doubt you can do that in a registration. I would do one regardless even if the state does not require one.
Very few places REQUIRE a bill of sale to transfer ownership. Hopefully, everyone reading this can see why it's in your interest to complete one anyway. Offers some protection to both the seller and buyer. Whether I'm buying or selling, I want a bill of sale stating the terms, date of transfer and signed by both parties. Where are you going to capture that information on the title? Last thing I want if there's a problem is the old he said, she said scenario because it's a verbal agreement. Amazing how stories change...
My point to the bill of sale. It spell what you are doing and what are you intending to buy and the conditions of the sale. I doubt you can do that in a registration. I would do one regardless even if the state does not require one.